VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Increases Dividend to $0.45 Per Share

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) declared a monthly dividend on Wednesday, December 10th. Investors of record on Thursday, December 11th will be paid a dividend of 0.4499 per share on Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Thursday, December 11th. This is a 326.4% increase from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.11.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.9%

CDC stock opened at $66.44 on Thursday. The firm has a market cap of $734.16 million, a price-to-earnings ratio of -1,328.61 and a beta of 0.61. The company’s fifty day simple moving average is $65.97 and its 200 day simple moving average is $65.23. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12-month low of $57.37 and a 12-month high of $67.23.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. TIAA Trust National Association bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter worth approximately $227,000. Russell Investments Group Ltd. bought a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 2nd quarter worth approximately $703,000. Strategic Blueprint LLC grew its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 1.0% during the 2nd quarter. Strategic Blueprint LLC now owns 54,597 shares of the company’s stock worth $3,478,000 after buying an additional 531 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after buying an additional 48,686 shares during the period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

The VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 100 high-yield stocks pulled from the largest 500 US stocks, with an earnings screen and volatility weighting. CDC was launched on Jul 2, 2014 and is managed by VictoryShares.